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France's Renault to slash around 15,000 jobs worldwide

France's Renault to slash around 15,000 jobs worldwide

May 29, 2020, at 08:29 pm

Paris/Xinhua/UNI: France's second leading carmaker Renault on Friday announced that it would cut 14,600 posts worldwide and reduce production capacity over the next three years in order to save 2 billion euros (2.22 billion US dollars) and focus on profitable segments of activities.